Question

Explain the effect of world was I on the economy of Germany​

Answer 1

Answer:

Germany was economically devastated after a draining defeat in World War I. Due to the Versailles treaty, Germany was forced to pay incredibly sizeable reparations to France and Great Britain. Germany began creating transportation projects, modernization of power plants and gas works. Under clause 231, the 'War Guilt Clause', Germany had to accept complete responsibility for the war. Germany lost 13% of its land and 12% of its population to the Allies. This land made up 48% of Germany's iron production and a large proportion of its coal productions limiting its economic power.